Which of the Following Is the Best Definition of Trust

question 42

Multiple Choice

Which of the following is the best definition of trust receipt?

• A) An instrument acknowledging that the borrower holds certain goods in trust for the lender.
• B) Short-term financing in which the factor purchases all of a firm's receivables and forwards the proceeds to the seller as soon as they are collected.
• C) The time period between the acquisition of inventory and when cash is collected from receivables.
• D) Loan negotiated with banks for day-to-day operations.
• E) Costs that fall with increases in the level of investment in current assets.

---

Definitions:

Negative Affectivity

Describes a personality trait characterized by a pervasive pattern of negative emotions and poor self-concept.

Instrumental Value

Values or beliefs that are viewed as a means to achieving desired ends, guiding behavior towards achieving certain goals.

Self-Respect

A positive valuation of oneself, characterized by feelings of worth and dignity.

Self-Sufficiency

The ability to fulfill all of one's needs independently, without reliance on external resources.